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Troubled Crypto Exchange Zipmex Says Mulling Possible Offer

  • Due diligence to start after talks with interested parties
  • Zipmex had halted withdrawals last week amid financial woes
Updated on

Zipmex, a cryptocurrency exchange that operates in markets like Singapore and Thailand, said on Sunday it was considering a possible offer after talks with interested parties, and that due diligence should commence.

The Asian platform was among several in the digital-assets industry encountering financial difficulties in recent weeks. On Thursday, it had halted withdrawals as the fallout from a series of defaults spread further throughout the industry.